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Informed Careers » 2009 »

Archive for September, 2009

Executive Talent Market Reemerging

Wednesday, September 16th, 2009


Executive hiring appears to be reemerging at many organizations after being frozen for the last year due to the financial credit crisis based upon the results of the recent Claymore Partners’ Labor Day 2009 Executive Talent Market survey with over 640 executive respondents. “Almost half of employers are now selectively hiring executives and significant reductions are greatly diminished based upon the survey results as well as our own executive search activity and market discussions “according to Mr. Landberg, Managing Director of Claymore Partners. 

 

Health insurance, healthcare/pharmaceuticals, wealth management, investment banking, and consulting/professional services industries appear to be most robust in terms of executive hiring at this time. From a functional perspective, executive hiring increases are most pronounced in sales, consulting, and risk management/compliance. The direct impact of the financial credit crisis for most executives appears to be waning though strong hiring is not expected until mid to year end 2010 by most executives. 

 

Claymore Partners is an executive search and consulting firm specializing in senior level searches in the financial services, insurance, and consulting arenas. A full copy of the results from the Claymore Partners’ Labor Day 2009 Executive Talent Market Survey can be obtained by emailing slandberg@ClaymorePartners.com. 

Recession Career Impact

Wednesday, September 9th, 2009

The impact of the deepest recession in post War history, not only impacted executive job losses, but seems to have changed many career objectives and ambitions.  The importance of having a solid and rewarding position with a quality firm has become ever more critical for many while the pursuit of a career providing satisfaction has also become paramount for many others.

The recession seems to have caused a major time of reflection for executives in terms of their career and lives.  Learning to live with less, spending quality time with their families, and longer working careers to recover from retirement plan reductions appear to have significantly impacted the executive psyche.

Will this change and revert back when the economy and stock market has recovered?  It will be an interesting time to reflect back on the executive career mind set when that occurs.